New nursing house with a long-term lease agreement in Duisburg.
The nursing house includes 54 apartments equipped to care for the elderly.
There are underground and surface parking for 35 cars located on the territory of then property.
The absolute annual income is 365,105 €.
The current yield is 4,8%
The tenant is a company that provides care for older people with disabilities. The company manages 18 facilities and employs over 350 employees.
The lease agreement is valid for 15 years with options to extend for 2x5 years.
Notary (state registration) is 1,5 – 2%.
Acquisition tax is 6,5%.
Brokerage fee is 6% + VAT 19% (total 7,14%).
The property is located in Duisburg, North-Rhine Westphalia.
There is a market, shopping street, cardiology clinic, city park located nearby. The train station and bus station are within walking distance.
Duisburg is the city in western Germany near Düsseldorf. The population of the city is more than 500,000 people. The average age of residents is about 43 years.
There are well developed ferrous metallurgy, machine building, production of building materials in the city. The headquarters of the company Tisser-Krupp is located in the city. Duisburg is the largest river port in Europe.